Concept Of Green Banking Research Articles

Green Banking: The Perspective of Maqãshid Al-Syari’ah

Background. Global environmental challenges are driving every sector. Banking must adapt and contribute to achieving sustainable development. Green banking has emerged as an innovative solution that focuses on financial benefits as well as environmental and social responsibility. Aims. Integrating the principles of maqãshid al-Syari̅’ah with the concept of green banking. Method. The literature study uses a qualitative approach with descriptive analysis to better understand the concept of green banking in the context of maqãshid al-Syari̅’ah Result. Green banking not only contributes to environmental preservation but also helps banks build a stronger and more sustainable portfolio. The conclusion of this research emphasizes the importance of applying maqãshid al-Syari̅’ah principles to support the sustainability of the banking sector in the future.

The Carbon Exchange Policy in Supporting the Green Banking Concept: An Indonesian Perspective

The Carbon Exchange Policy in Supporting the Green Banking Concept: An Indonesian Perspective

Analysis of Green Banking Implementation in the Banking Industry in Indonesia (2018-2022 Period)

This research aims to analyze the implementation of green banking and the policies implemented in it. The macro approach is carried out through literature studies by collecting secondary data such as scientific articles, planning documents, government policies, and the mass media as well as data related to this research. Data analysis was carried out qualitatively by implementing green banking in several aspects, namely, in the internal bank, in customer service, and during financing. And in its implementation, it has fulfilled the principles of the green banking concept which includes 4 elements of life, namely nature, well-being, economy, and society. Keywords: N/A

The Role of Green Banking Implementation in Sharia Banking Performance from an Islamic Perspective

The aim of this research is to determine the effect of implementing green banking on the profitability of Islamic commercial banks in Indonesia and the concept of green banking from an Islamic perspective. This research was conducted at Islamic commercial banks registered with the Financial Services Authority (OJK) for the 2016-2022 period. The population in this study consisted of 12 Islamic commercial banks. The sample selection used a non-probability sampling method with a purposive sampling technique and a sample of 8 Islamic commercial banks with 7 years of observation was obtained so that 56 research data were obtained. The hypothesis testing method in this research uses a panel data regression model with a Fixed Effect Model (FEM) approach using the EViews program. The urgency of this research is to see the impact of implementing green banking on Sharia banking performance, especially from an Islamic perspective. The research results show that Green Banking practices have a negative and insignificant effect on Sharia banking performance.

Green Banking: Awareness of Customers in Environmental Protection

the main problems across the world to-day are environmental changes and protection and management of natural resources. Environmental change causes a number of interconnected environmental problems, including deforestation, poor air quality, climate change, and biodiversity loss. Climate change is the most complex of the aforementioned issues. Efforts are being made around the world to quantify and reduce the risks of environmental change. Numerous nations across the globe have pledged to lessen the effects of climate change. It is the responsibility of each and every one of us to work in this direction in order to minimize climate change. Every organization across the world is highly interested to make their business as green to face climate change and contribute towards sustainable development. By taking on the role of advocates for sustainability, banks may play a vital role in preserving sustainability. The corporate community's traditional bottom line approach of profit is sometimes replaced with a triple bottom line approach, which emphasizes the three Ps: people, planet, and profit, as a result of sustainable development. The present study aims to study Green Banking in depth and awareness of the clients regarding green banking concept adopted in Tiruchirappalli City. In terms of development, SBI is a model for all the steps a bank may take to overcome the problems brought up by green banking.

Unravelling the Path to Green Banking: A Case Study of Karnataka Bank

Purpose: Banks are adopting the concept of green banking to minimize both external and internal carbon emissions, which is an emerging trend. This paper aims to study the emerging trends of Green banking in India. The major purpose of the research article is to investigate the concept of green banking initiatives by Karnataka Bank and to examine the problems faced by Karnataka Bank to reach its green banking goals. Karnataka Bank Ltd.’ is the leading top ‘A’ c1ass schedu1ed Indian Commercial Bank. As a premier bank, a diverse array of products and services has been created and tailored to fulfill the varying business or personal requirements of customers. It is one of the leading emerging financial service institutions in India which has several branches all over India Methodology: In pursuit of the paper’s goals, secondary data sources such as books, journals, articles, newspapers, and websites have been employed. Findings: Private and public sector banks have taken necessary steps to reduce carbon emissions. All customers of the bank are offered green products and services and also more concern is shown towards environmental issues. The initiatives taken by most Indian Banks and the offering of green products and services by banks have proved to help preserve environmental balance and achieve sustainable development. Originality/Value: Based on the data available from secondary sources, the paper attempts to examine green banking practices in India and the initiatives of Karnataka Bank. Paper Type: Case Study

Evaluation of the Implementation of the Green Banking Concept at Bank XYZ

Indonesia is committed to Undang-Undang Nomor 16 Tahun 2016 concerning the Paris Agreement on Climate Change. To support this commitment, the role of banking, including Bank XYZ, is crucial in financing clean energy projects and other business sectors. Although Bank XYZ has shown growth in green financing since 2016, there are notes regarding financing in the coal sector between October 2018 and October 2020, as well as a decline in the ranking in the 2022 Bank Ranking Report. Therefore, an evaluation of the concept of green banking at Bank XYZ is needed to maintain its growth and ensure the effectiveness of its implementation from 2017 to 2022. This research employs a qualitative approach to analyze the implementation of green banking at Bank XYZ. The evaluation is conducted through interviews with the Risk Management Division and an analysis of sustainability reports using the Green Banking Disclosure Index (GBDI). Bank XYZ has proven to implement the concept of green banking transparently, but there are shortcomings such as a lack of transparency in sustainability budgeting, attention to debtors, internal controls, sustainability campaigns, and the use of renewable technology. This research is expected to enhance the quality of green banking implementation at Bank XYZ, support environmental preservation, and address existing weaknesses.

Green Banking Concept Implementation in Banking Credit Governance in Indonesia: Comparison Between Indonesia and China

2Universitas IndonesiaEnvironmental issues nowadays are becoming the world’s attention. Banks are now transforming their business activities as well as minimizing them on the environment. This concept is called the green banking concept. However, in Indonesia, there is no adequate regulation yet on the implementation of green banking, especially in banking credit governance. On the other hand, China has a green credit policy which has now become a guideline to ensure that loan applications and investments are considering environmental management and protection. The objective of this policy issuance is to encourage green credit among financial institutions in China.
 Keywords: green banking, sustainable finance, credit governance

A Systematic Review On Green Banking Disclosure

This paper presents a systematic review of the topic of Green Banking Disclosure (GBD). GBD has been a growing concept since 2008, with its development bringing about changes, both in terms of the natural and social environments. As such, it is crucial to give it due attention. The study reviewed 50 papers, including 65 empirical ones, and yielded four main findings. Firstly, in terms of theory, legitimacy theory, stakeholder theory, and the concept of Spider profit growth, which serves as an indicator of a company's fund utilization efficiency, were prevalent in the literature. These theories provide a basis for evaluating company management performance, motivating management, and controlling economic resource allocation, ultimately aiding in forecasting future profits and economic events. Secondly, the Green Coin Rating (GCR) concept, comprising six points, played a significant role in the discourse on green banking. Thirdly, the majority of GBD studies were conducted in Muslim-majority countries. The research population included all financial reports of Islamic Commercial Banks during the period 2016-2019. The sample consisted of nine Islamic Commercial Banks that published annual reports up to 2019 and met the criteria for implementing the Green Banking concept. The study suggests that future research endeavors should consider integrating both primary and secondary data to assess the implementation of Green Banking and green financing in banking institutions. This approach would lead to a more comprehensive understanding of the subject and provide a more communicative perspective for customers.

Driving Sustainability: Exploring Global Green Banking Initiatives for a Greener Future

Environmental degradation threatens survival of entire Global system. Global warming has been a national and international issue in recent years. Environmental challenges harm businesses directly and indirectly. Although several regulations to control pollution and protect the environment, they are not enforced, therefore we have failed to prevent environmental damage. So, all business policies focus on environmental issues. In a worldwide economy, regulators, governments, media, judiciaries, civil society organisations, and social activist groups are analysing industry and corporate environmental impacts and pressuring them to become greener. Hence, ethical regard for the environment is transforming global corporate sectors into green, ecologically friendly ones. The banking sector as a business sector is not excluded from this initiative. Consequently, encouraging environmentally friendly initiatives and prudent lending should be one of the financial industry’s obligations. Hence Banks and other financial companies are streamlining carbon emission reduction. Banks worldwide are investing in green strategy. These actions, part of a larger sustainable development plan, have created the concept of Green Banking. In the realm of finance, Green Banking is a relatively recent concept. It varies from conventional banking in that it considers environmental considerations while deciding whether to grant a loan. The green finance movement is young but expanding fast enough to replace fossil fuel investments. So, future demand for green financial products is expected to rise. In light of this, the present study compiled a list of a few global banks that have implemented Green Banking initiatives. Consumers are able to safeguard the environment and work to mitigate the effects of climate change while also doing their typical banking operations online. This research study is intended to analyse the various Green Banking Initiatives that have been implemented by a selected financial institution worldwide. The focus of the study has been narrowed down to five financial institutions from around the world that were actively engaging in green banking initiatives through their customers’ active participation namely Starling Bank, Treecard, Aspiration, bunq and Tomorrow and Green Banking Initiatives in Indian Scenario. The annual reports of the chosen financial institutions, sustainability reports, official websites of the concerned banks, and other sources are sorted through in great detail for the purpose of gathering data on the green banking activities initiated by these financial institutions.

Green Banking: The Trend of Maintaining Sustainability of Environmental Business

Various countries are currently facing the degradation of energy resources, natural resources, and environmental pollution. As the party providing financing, banks must participate in reducing environmental damage. Based on interviews conducted with 30 customers who use financing services in banking, the results show that: financing obtained from banks is used for business capital financing, which includes businesses: food stalls, catering, grocery stores, workshops, and expedition services. Based on the interview results, the fact that these businesses have not implemented the concept of an environmentally friendly business is also obtained. This type of research is qualitative research. The data sources for this study were 32 BSI customers in the Central Java region. The findings indicated that 32 respondents of BSI in the Central Java Area are already familiar with green banking. However, when it comes to e-banking, only 37.5% of respondents were aware of green banking. Up to 56.25% of customers realize the need to recycle waste and manage the waste generated by their products. In short, most of BSI's customers in the Central Java region have not implemented the green banking concept in their business. This study's practical implications imply that customers' preferences for using the money they are given to fund environmentally friendly firms may exist. Concerning its theoretical implications, this study aims to improve the theory of green banking and how it relates to the sustainability of businesses. Originality/Value: This research primarily focuses on customer perceptions of the implementation of green banking. However, no research focuses on customer business activities that apply green banking principles, especially MSMEs. At the same time, the customer's business activities are the responsibility of both the business actor and the financier (Bank).

Development of Green Banking Concept in Banking Policy for Considering Environmental Protection

The principles of green banking can strengthen bank risk management strategies, especially related to the environment, and encourage banks to increase investment in environmentally friendly financing. Green banking has developed in its practice with the emergence of regulations, changes, or reconstruction of policies in the banking sector in Indonesia. Therefore, this study aims to examine and analyze the development of the application of green banking in banking policies. Then, it will also find out and analyze the importance of green banking in banking policies in fulfilling banking responsibilities in considering environmental protection in Indonesia. This chapter uses doctrinal legal research methods and is analyzed analytically and qualitatively. The role played by banking corporations is very significant in having a broad impact on the application and efforts to achieve the goals of the green banking concept. The weakness of policies in the banking sector and other implementing regulations in Indonesia has resulted in not a few violations occurring and resulting in damage to the existing environment. Clear regulations as legality in regulating the implementation of green banking and supervision and evaluation are needed to have a broad positive impact on the sustainability and preservation of nature.

Analysis of the Green Banking Implementation Model on Banking Performance at Bank Syariah Indonesia KCP Banjarnegara

The continuous increase in climate change has attracted global attention. Many countries in the world have made the necessary commitments to mitigate climate change. Then this attracts the attention of economic actors, especially for the banking sector, which is known as green banking. The concept of green banking is banking that emphasises the application of sustainability in financial distribution or operational activities. In this case it is the same as that the bank seeks to create environmentally friendly practices by reducing the carbon footprint of banking operations. This study aims to implement green banking practices at Bank Syariah Indonesia KCP Banjarnegara and its impact on banking performance.
 This study uses a descriptive qualitative approach with a field research method through direct observation and interviews with the Branch Manager, Operational Staff, Teller and Micro Staff of Bank Syariah Indonesia KCP Banjarnegara. Indicators of green banking activities used in this study include Green Product, Green Operation, Green Customer and Green Policy. 
 The results of this study indicate that Bank Syariah Indonesia KCP Banjarnegara implements green banking practices based on research indicators, such as Green Product, Green Operation, Green Customer and Green Policy, of the four indicators Bank Syariah Indonesia KCP Banjarnegara has implemented all indicators well. This has a positive impact on the image and reputation of Bank Syariah Indonesia KCP Banjarnegara as a bank that cares about the environment and social responsibility. In addition, the existence of Operational Efficiency in banking has helped Bank Syariah Indonesia KCP Banjarnegara increase efficiency and reduce costs. The use of technology also speeds up the transaction process and services for customers and increases customer satisfaction.

A STUDY ON GREEN BANKING IN THOOTHUKUDI

The concept of Green Banking differs from traditional banking as it promotes sustainable development. Banks, being major implementers of technology, can lead the way in adopting green practices to aid in environmental protection. By innovating products and leveraging technology, banks and their customers can reduce their usage of resources like paper. Green banking aims to keep the world liveable without causing significant damage. In India, banks are playing a vital role in sustainable development by introducing various green banking practices. Adopting these practices can result in savings of energy, fuel, paper, and other natural resources. The rapid growth of the banking industry has increased the direct impact of banks on the environment, which is why they can play a significant role in ensuring environmentally sustainable and socially responsible investments in the economy. The study aims to motivate customers towards green banking services and focuses on how they have implemented green banking before and after COVID-19. Primary and secondary data were collected for this research. KEYWORDS: Green banking, Sustainable development, Covid-19.

The Effectiveness of Green Banking in Saudi Arabia

Background: Saudi Arabia is one of the countries in the world to launch ESG and Sustainable finance with the aim of not only contributing to global SDGs but also toward the achievement of the Kingdom’s Vision 2030. The need for sustainable financial practices has appeared as green finance and funding renewable energy projects as well as implementing sustainable practices in operations and services. This paper analyses the concept of green banking, its importance, and advantages and disadvantages to achieve sustainability for the financial sector in Saudi Arabia. Methods: The paper utilises legal frames and documents to conduct a legal analysis of green banking as a new concept in Saudi Arabia. The secondary data is also used to support the analysis, and the qualitative approach is employed to discuss the significance and features of green banking. Results and Conclusions: Saudi Arabia continues to face substantial obstacles in adopting green banking. These difficulties include the absence of explicit regulations and recommendations from the regulatory bodies and the high cost of implementing green banking practices in a market that is primarily dependent on oil-based sectors. It is, therefore, important the regulatory bodies shed more focus on green banking and must enact a regulatory framework to encourage financial institutions to support projects that uphold sustainability.

Urgensi Penerapan Konsep Green Banking di Indonesia

Era globalization, environmental management and protection become important matters. Environmental issues nowadays have become not only local or trans-local issues but also regional, national, transnational, and global issues. On that matter, banks in Indonesia transform their business activities by implementing the green banking concept, in which national banks nowadays consider environmental management and protection aspects in their operational activities. However, the absence of statutory regulations in Indonesia which explicitly stipulate obligations for a bank to include provisions for environmental management and protection requires legal renewal in the application of the green banking concept to banking management in Indonesia. This research aims to review the definition and history of green banking and the urgency of the green banking concept implementation in Indonesia. This research is normative legal research in which using a statute approach. The legal materials used in this research are derived from primary and secondary legal materials. The legal material collection technique used in this research is a library research technique. The data in which sourced from legal materials in this study were analyzed using a qualitative approach.

Analisis Pengaruh Green Banking Terhadap Profitabilitas Bank Umum Syariah Indonesia

Research Aims: Islamic commercial banks are Islamic banks which in their activities provide services in payment traffic. Islamic commercial banks can operate as foreign exchange banks and non-foreign exchange banks. Foreign exchange bank is a bank that can carry out transactions abroad or related to foreign currencies as a whole, such as transfers abroad, collections abroad, opening letters of credit and so on. The purpose of the study was to determine the effect of green banking on the profitability of Islamic commercial banks in Indonesia and the concept of green banking in an Islamic perspective. Design/methodology/approach: This type of research is quantitative with a descriptive statistical approach, the research methodology used in this study is the method of documentation and literature study. Research Findings: The results of the study show that green banking has a positive effect on the profitability of Islamic Commercial Banks in Indonesia. In the Islamic perspective, all Green Banking Indicators are in accordance with the Islamic perspective as well as the reinforcing arguments about protecting nature and preventing natural damage. Keywords: Green Banking, profitibalitas, Bank Umum Syariah.

Green Banking: An Empirical Study On Customers' Perspective

In this present scenario of globalization, all of the sectors of the world economy are going through massive demanding situations to deal with the environmental problems and their associated effects on their day-to-day corporations. Society is turning into an increasing number of involved and concerned approximately the herbal environment, It isn't always best the concern of the authorities however also of different stakeholders like economic establishments consisting of banks, which might be playing a fundamental function in the improvement of the society. The banking sector is one of the gold standard sectors in our country. It performs a completely vital position in the boom of the Indian economic system. Like other sectors, the banking sector also has its duty to protect the environment. To fulfill this responsibility, the banking sector has adopted the concept of Green Banking. This paper is a niche try and unveil the awareness of inexperienced banking initiatives, frequency of utilization of green services, and factors affecting the acquisition of inexperienced offerings among clients of decided on public and private sector banks in Chennai. The findings discovered an excessive degree of attention approximately the inexperienced banking concept and the most widely used inexperienced product are debit and credit playing cards. The consequences highlighted that no matter the education level of customers, there's no distinction between the usages of inexperienced banking offerings. Application of factor evaluation unveiled three predominant factors affecting the purchase of inexperienced offerings i.e. online transactions, safe and secure transactions, and environmental benefits.

Banking service quality perceived by students: Implications to green services

Background: The paper examines banking service quality perceived by students as a basis for determining implications for green services. The focus was on this market segment bearing in mind its potential effects on banks' long-term profitability and students' acquaintance with environmental issues. The attention was dedicated to the green banking concept taking into account the role which banks have in creating an eco-friendly society. Purpose: The aim of the research refers to identifying banking service quality aspects that are important for students. Later, those can be used as a starting point in determining actions regarding green services in the case of the student population. Study design/methodology/approach: The quality of a bank service was modeled as a hierarchical reflective-formative construct, because of which the SmartPLS software was applied. Five SERVQUAL dimensions (assurance, empathy, reliability, responsiveness, and tangibles) were specified as lower-order reflective constructs which form the higher-order formative construct (banking service quality). After testing the model, separately for reflective and formative constructs, path coefficients were presented. Finding/conclusions: The results have shown that responsiveness and assurance represent dimensions that have the largest contribution to banking service quality, i.e. the highest path coefficients to higher-order construct. In accordance with those findings, certain implications concerning green services were given. Limitations/future research: The omission of certain variables that may be related to banking services represents the limitation of this study; hereby, in future researches, some socio-demographic characteristics (such as gender, household income, etc.) could be included in the analysis.

GREEN BANKING DAN RASIO KECUKUPAN MODAL MEMPENGARUHI PERTUMBUHAN LABA BANK UMUM SYARIAH DI INDONESIA

The research objective is to determine the effect of green banking and the capital adequacy ratio on the profit growth of Islamic commercial banks in Indonesia in 2016 – 2019 and analyze Islamic views regarding Green Banking. This study is a quantitative study using secondary data in the form of a published annual report and samples taken from the financial statements of 9 Islamic commercial banks for the 2016-2019 period. The researcher uses the green coin rating indicator in measuring green banking and CAR as an independent variable and then profit growth as the dependent variable. The data analysis technique used is panel data regression with Eviews 11 software. The results of the research that the partial test shows that there is no effect between green banking and CAR and profit growth. This happens because banks have only begun to optimally implement green banking in 2019. And banks are too stable to maintain CAR above 8% and even increase every year, but profit growth decreases every year and there are even negative numbers. Meanwhile, the independent variables simultaneously affect the dependent variable. Islam teaches not to do damage and optimize capital so that the green banking concept is in line with sharia principles.